Tag Archives: Fuel Taxes

Don’t Miss the Deadline: It’s Time to E-file Form 720 and PCORI Fees.

Hello taxpayers! The second quarter is coming to a close, and for some businesses, it’s time to file the quarterly federal excise tax using the IRS Form 720. This Form is used to report and pay various federal excise taxes. The last date to report Form 720 for the second quarter is July 31, 2024. So, if you are a regular Form 720 taxpayer, you should not miss this deadline to report Form 720 for the second quarter of this tax year. E-file Form 720 in TaxExcise.com quickly and get instant acknowledgment today!

 

Continue reading Don’t Miss the Deadline: It’s Time to E-file Form 720 and PCORI Fees.

Prepare IFTA taxes online at TaxExcise.com!

Hello taxpayers! We know that preparing the IFTA taxes for your qualified motor vehicles is not easy because it involves lots of calculations based on the trips, mileage, fuel purchase, and consumption of your motor vehicle. Also, the IFTA rates differ from one member jurisdiction to another. Therefore, you must account for many attributes to prepare your IFTA tax reports and file them accurately. And you need to do this for every quarter of the tax year. Check out our exclusive platform Taxifta.com where you can accurately prepare your IFTA tax reports online in a few minutes.

Continue reading Prepare IFTA taxes online at TaxExcise.com!

Quarterly federal excise tax form 720 for the second quarter is due on August 1, 2022.

Hello taxpayers! As the due date for the second quarter of form 720 is approaching soon, you need to prepare and file form 720 before the time runs out. E-file your quarterly excise tax form 720 at TaxExcise.com today to stay ahead of the deadline and get the acknowledgment of your tax payment from the IRS immediately.

Continue reading Quarterly federal excise tax form 720 for the second quarter is due on August 1, 2022.

Reporting Form 720 (Quarterly Federal Excise Tax Return)

www.TaxExcise.com / www.Tax720.com is a pioneer application to report Form 720, Quarterly Federal Excise Taxes to IRS electronically or by a traditional paper filing method.

Purpose of Form:

Form 720 and attachments can be used to report liability by IRS No. and pay the excise taxes listed on the form;

List of few excise taxes reported on Form 720 are: Continue reading Reporting Form 720 (Quarterly Federal Excise Tax Return)

Reasons to E-file Your Excise Tax Return with TaxExcise.com

You are still in Stone Age if you are still paper filing your Excise Tax returns. More than 80 percent of the taxpayers file their taxes electronically. The IRS has processed more billion’s tax returns safely and securely since 1990, the Official beginning of Efiling ERA. Very few still stick with paper filing

Below are the important reasons to switch to Efiling:

  • Trust Technology for Accuracy: For simple calculations we use our mobile phones or calculators these days, for accurate tax calculations it’s always recommended to Efile your tax returns. IRS will reject your Tax return or your claim for simplest of calculation mistake, which can happen mostly when you try to Paper file your Tax return.
  • Safety First:  E-file service provider like TaxExcise.com follows strict guidelines to provide the best in             encryption technology. When logged in to TaxExcise.com you will be in a “secure session” that is established with Secure Sockets Layer (SSL) and verified by COMODO’s Global Site Certificate Technology. While           connected with SSL, every transmission between your computer and our websites are encrypted with 128-bit (strong) encryption.
  • Response at the drop of a hat. You receive instant acknowledgement from the IRS on a tax return that is E-filed through TaxExcise.com. If the IRS rejects your tax return, you will receive an instant notification and you can quickly correct the return and resubmit it. An e-filed claim means a three times faster refund             compared to paper return.
  • Various options to pay-off: While e-filing one can enjoy different payment options like EFW Electronic Funds Withdrawal from the bank account, EFTPS Electronic Federal Tax Payment System or can even opt to the traditional check or money order option.

All the above mentioned points about E-filing can be summed up to one word “SIMPLE”.

www.taxexcise.com and www.extensiontax.com serves as a one stop shop for all your excise and extension tax needs. For all your Excise and Extension tax related questions call us @ 1-866-245-3918 or write to            support@taxexcise.com.